Revenue: As of FY2025 Q3, the actual value is USD 2.99 M, missing the estimate of USD 5.907 M.EPS: As of FY2025 Q3, the actual value is USD 0.02, meeting the estimate of USD 0.02.EBIT: As of FY2025 Q3, the actual value is USD 8.89 K.<h3>Segment Revenue</h3><ul><li>Total Revenues: $2,990,329 for the three months ended September 30, 2025, compared to $16,240,865 for the same period in 2024, representing a decrease of $13,250,536 or 81.6%.</li><li>Total Revenues: $7,052,799 for the nine months ended September 30, 2025, compared to $21,270,891 for the same period in 2024, representing a decrease of $14,218,092 or 66.8%.</li></ul><h3>Operational Metrics</h3><ul><li>Net Income (Loss) from Continuing Operations: - $137,122 for the three months ended September 30, 2025, compared to $11,119,592 for the same period in 2024.</li><li>Net Income (Loss) from Continuing Operations: - $2,913,181 for the nine months ended September 30, 2025, compared to $6,705,342 for the same period in 2024.</li><li>Gross Profit: $1,468,409 for the three months ended September 30, 2025, compared to $14,010,116 for the same period in 2024.</li><li>Gross Profit: $2,599,064 for the nine months ended September 30, 2025, compared to $15,062,006 for the same period in 2024.</li><li>Operating Expenses: $1,479,556 for the three months ended September 30, 2025, compared to $1,669,095 for the same period in 2024.</li><li>Operating Expenses: $4,458,466 for the nine months ended September 30, 2025, compared to $5,493,297 for the same period in 2024.</li><li>Income (Loss) from Discontinued Operations, Net of Income Tax: $488,297 for the three months ended September 30, 2025, compared to - $302,662 for the same period in 2024.</li><li>Income (Loss) from Discontinued Operations, Net of Income Tax: $1,188,481 for the nine months ended September 30, 2025, compared to $422,468 for the same period in 2024.</li><li>Net Income (Loss): $351,175 for the three months ended September 30, 2025, compared to $10,816,930 for the same period in 2024.</li><li>Net Income (Loss): - $1,724,700 for the nine months ended September 30, 2025, compared to $7,127,810 for the same period in 2024.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Flows Used in Operating Activities of Continuing Operations: - $2,980,958 for the nine months ended September 30, 2025, compared to - $3,027,115 for the same period in 2024.</li><li>Net Cash Flows Provided by Investing Activities of Continuing Operations: $1,071,732 for the nine months ended September 30, 2025, compared to $5,565,000 for the same period in 2024.</li><li>Net Cash Flows Provided by (Used in) Financing Activities of Continuing Operations: $1,953,032 for the nine months ended September 30, 2025, compared to - $1,168,769 for the same period in 2024.</li><li>Net Cash Flows Used in Discontinued Operations: - $166,736 for the nine months ended September 30, 2025, compared to - $1,080,748 for the same period in 2024.</li></ul><h3>Unique Metrics</h3><ul><li>Dividends Accrued on Series A Convertible Preferred Shares: $56,222 for the three months ended September 30, 2025.</li><li>Dividends Accrued on Series A Convertible Preferred Shares: $56,833 for the nine months ended September 30, 2025.</li></ul><h3>Future Outlook and Strategy</h3><h4>Core Business Focus</h4><ul><li>The company has made a strategic decision to sell its software business assets in Japan and concentrate its efforts on its GO IPO consulting business.</li><li>On October 31, 2025, the company entered into a Purchase Agreement with Smith Japan Holdings KK to sell all outstanding equity interests of HeartCore Japan for approximately $12 million.</li><li>The company authorized a one-time payment to its stockholders in the amount of $0.13 per share of common stock, with a record date of November 10, 2025, and a payment date of November 17, 2025.</li></ul><h4>Non-Core Business</h4><ul><li>The company received a written notice from Nasdaq indicating non-compliance with the $1.00 minimum bid price requirement and has been granted an additional 180-day period to regain compliance.</li></ul>

Heartcore Enterprises | 10-Q: FY2025 Q3 Revenue Misses Estimate at USD 2.99 M